Key Milestones

1999: Original patents filed

2001: Company established

2002: 1/50 scale tank tests in University College Cork

2003: 1/20 tank tests in Hanover

2004: Selected for Carbon Trust ‘Marine Energy Challenge’

2006: First sea trials, ADM1

2006: Wins “Innovation Company of the Year”  – Engineers Ireland

2007: CEO appointed; head office established

2007: Chevron technical services agreement

2007: Second sea trials, ADM2

2008: Vattenfall R&D agreement

2008: US company established

2008: Wins “Green Innovation Company of the Year” – Green Awards

2009: SML17 sea trials;

2009: JV with Vattenfall established – Tonn Energy

2009: Lockheed Martin teaming agreement

2009: European Commission FP7 contract  – €5m

2010: Sound & Sea Technology Teaming Agreement

2010: ESB International Technical Services Agreement

2010: SML40 tests, Marin Netherlands

2010: Wins “Ocean Energy Technology Pioneer” Award – Energy Ocean Conference

2010: Wins “Green Machine of the Year” – Science Gallery

2010: Bord Gais Invests in Wavebob

2010: US Department of Energy grant $2.4m

2011: Abengoa partnership